Explore BrainMass

Statistics: MLB - Salaries vs number of wins

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

I need assistance with locating four scholarly articles, summarizing them and discussing the significance and relation to the question â??Is there a correlation between the playerâ??s salaries and the number of winsâ? for each article.

© BrainMass Inc. brainmass.com October 25, 2018, 2:57 am ad1c9bdddf

Solution Preview

Please see attached file for answers.

Statistics: MLB - Salaries vs Number of Wins

Kesenne, S. (2010). The Financial Situation of the Football Clubs in the Belgian Jupiler League: Are Players Overpaid in a Win-Maximization League? International Journal of Sport Finance, 5 (1), 67-72.

Five of the eighteen clubs in Jupiler league, Belgian's first-division league, have been consistently losing money season after season or even have negative equity which means that the club's total liabilities are much more than their total assets. Kesenne (2010) observed that a majority of the Jupiler league clubs "tend to overpay their players or to hire talents beyond their means" (p. 68). Nevertheless, it appears that the season revenues of these clubs are positively affected by the whole market size of the league and the winning percentage of the team.
This shows that a club pursuing a win-maximization strategy as opposed to profit-maximization will tend to offer higher salaries to players with a history of above average win percentage.
However, Kesenne (2010) conclude that the cause of the financial difficulties of the clubs comprising Belgian's Jupiler ...

Solution Summary

The expert examines MLB statistics to examine salaries versus number of wins.

See Also This Related BrainMass Solution

Statistics: Nonparametric Hypothesis Testing

Formulate a hypothesis statement regarding the research issue.

Perform the five-step hypothesis test on the data.

Explain which non parametric test you used to analyze your data and why you choose that test.

Interpret the result of your test.

My null hypothesis is the salary of baseball players does not depend on the number of games won.
Alternate hypothesis is the salary of baseball players depends on the number of games won.

I am not sure of which test to use as i am never sure no matter how much i read the text. secondly what functions in excel and megastat do I use?

View Full Posting Details